How Macpherson was paid
$11.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| D.G. MacphersonChairman of the Board & Chief Executive Officer | $1,176,370 | $0 | $8,451,819 | $1,653,075 | $328,244 | $11,609,508 |
| Deidra C. MerriwetherSenior Vice President & Chief Financial Officer | $743,836 | $0 | $2,656,087 | $697,500 | $92,036 | $4,189,459 |
| Paige K. RobbinsSenior Vice President & President Grainger Business Unit | $743,836 | $0 | $2,183,807 | $697,500 | $92,311 | $3,717,454 |
| Nancy L. Berardinelli-KrantzSenior Vice President & Chief Legal Officer | $668,836 | $0 | $1,688,108 | $502,200 | $75,605 | $2,934,749 |
| Melanie J. TintoSenior Vice President & Chief Human Resources Officer | $427,885 | $750,000 | $3,682,358 | $0 | $94,098 | $4,954,341 |
What changed and why
- $11.6MCEO total compensation increased to $11,609,508 in 2025 from $10,881,689 in 2024.
- $17.9BCompany delivered $17.9 billion in sales, up 4.9% on a daily, organic constant currency basis.
- 39.1%Total Company adjusted ROIC was 39.1% for the 2025 fiscal year.
- 93%The annual incentive payout under the MIP was 93% of target.
- 90%The 2023 PSU cycle payout was 90% of target.
- The environmental, social, and governance modifier was eliminated from the MIP in 2025.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.